Warren Buffett Quotes on Life and Business

Warren Buffet Quotes on Life and Business

Warren Buffett Quotes on Life and Business

Warren Buffett is not just the worlds greatest Investor and one of the richest men in the world, he also knows a little bit about life as well.

Here are some of his most memorable quotes on life and business:

Warren Buffet Quotes on Life and Business

Warren Buffett on life

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

“It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction.”

“If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end – people like myself – should be paying a lot more in taxes. We have it better than we’ve ever had it.”

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”

“We enjoy the process far more than the proceeds.”

“I really like my life. I’ve arranged my life so that I can do what I want.”

“Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.”

“You won’t keep control of your time, unless you can say ‘no.’ You can’t let other people set your agenda in life.”

“You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.“

“When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.”

“Money to some extent sometimes let you be in more interesting environments. But it can’t change how many people love you or how healthy you are.“

“Honesty is very expensive gift. Do not expect it from cheap people.”

“If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”

Warren Buffett on Investing

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

“Price is what you pay. Value is what you get.”

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

“Risk comes from not knowing what you’re doing.”

“Only when the tide goes out do you discover who’s been swimming naked.”

“You only have to do a very few things right in your life so long as you don’t do too many things wrong.”

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

“Be fearful when others are greedy, and greedy when others are fearful.”

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

“Beware of geeks bearing formulas.”

“The investor of today does not profit from yesterday’s growth.”

“Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.”

“If a business does well, the stock eventually follows.”

“Wide diversification is only required when investors do not understand what they are doing.

“Never invest in a business you cannot understand.”

“Buy a business, don’t rent stocks.”

“You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”

“We have long felt that the only value of stock forecasters is to make fortune-tellers look good.”

“I am a better investor because I am a businessman and a better businessman because I am an investor.”

“The Stock Market is designed to transfer money from the Active to the Patient.”

“By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.”

“The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.”

“For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don’t understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it’s going up.”

“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”

“When asked how he became so successful in investing, Buffett answered: ‘we read hundreds and hundreds of annual reports every year.”

“The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.”

“Diversification may preserve wealth, but concentration builds wealth.”

“I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that …I’m paying $32 billion today for the Coca Cola Company because… If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money.“

“Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you’re still around to play the next day.“

“Never test the depth of river with both the feet.”

“Do a lot of reading.” – on how to determine the value of a business

Warren Buffet Quotes on Life and Business

Warren Buffett on Business

“In the business world, the rearview mirror is always clearer than the windshield.”

“Cash never makes us happy, but it’s better to have the money burning a hole in Berkshire’s pocket than resting comfortably in someone else’s.”

“I have pledged… to always run Berkshire with more than ample cash… I will not trade even a night’s sleep for the chance of extra profits.”

Source: Investingtips360

In Summary

If you follow these Warren Buffett quotes on life and business, you will be well on the road to your own financial freedom.

If you have any questions or comments feel free to leave them below.

To your success,

John W. Newman

Helping you create TIME AND FINANCIAL FREEDOM by building a PROFITABLE Business Online!

Dream It… Believe It… Then Achieve It!

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John newman

My name is John W. Newman. Property investor, Internet entrepreneur, husband and father of four beautiful daughters. Join me on my road to financial freedom! Dream It...Believe It...Then Achieve It!


  1. Hey there,
    These are some great and inspirational quotes from Warren Buffett. He’s such a motivational individual and I hope to get success as he’s got. Thanks for sharing this awesome content. I have some quotes from here I’d like to stick on my fridge as a daily reminder of what I need to accomplish to succeed on my goals. Cheers!

    • You won’t go wrong following Buffett’s rules of investing Carlos!

      Thanks for your feedback 🙂

  2. “buy a business don’t rent stocks”

    That is the truth, something I picked up early on when I read the intelligent investor. You do not buy stocks, you need to buy the business. Ever since then, ever stock I have ever purchases has always been because that is the type of business I would like to be in. So no, I do not own stock from companies, but I am part owner of transportation, health solutions, and tech companies.

    Really warren buffet has some real brilliance and needs to be mimicked until we are just as free.

    • You’ve hit the nail on the head there Kurtis!

      Yes, if you follow Warren Buffett’s investing advice you won’t go far wrong!

      Thanks for commenting 🙂

  3. Wow, love his quotes, I have to admit that I had not heard of him, but will definitely be looking into his work thank you.
    Being a member of Wealthy Affiliate of I totally agree that it is the best platform to start your search for financial freedom online and wish you all the best with your success.

    Thank you so much for sharing.


  4. Such great inspiration from Warren Buffet. To follow those guidelines will lead to an outcome that anyone could be happy with. Thank you for sharing such insight.

  5. Hey John
    Warren Buffet does subscribe to a philosophy in life that I agree with mostly. Do you have a favorite quote of his that you live your life by?
    He seems to have an old school wisdom that is lacking in investors lately. Greedy and in to much of a hurry to prove themselves.

    • Thanks Keith!

      I like a lot of his quotes and and his philosophy to investing in general, but the one I love most is: “Be fearful when others are greedy, and greedy when others are fearful.”

      I have found this very true and I have made the mistake of being fearful and losing money, when I have should have done the opposite.

      I certainly won’t make that mistake again 😉

  6. Some great quotes here especially ‘never test the river with both feet’ great stuff! But I must admit I’ve not heard of this man Warrent Buffett, perhaps I need to get out more!
    Even so, I have a daughter who owns a book shop and she is always looking for unusual books, especially at christmas time when sales are at their best.
    I will be telling her about this book even though there’s a good possibility she has it in stock. If she has, she can get one for me for Christmas! Thanks for the review. Ches

    • Thanks Ches, yes take a risk, but don’t risk it all 🙂

      If you are interested in investing ( and everyone SHOULD be ) then I would definitely read one of his books.

      If you are going to follow investing advice, then you might as well follow the best!

      Thanks for your comment 🙂

  7. Agree with you, Warrn Buffet is the one of the topmost influencer when it comes to finance, investment, business and management.
    We all get inspiration from his quotes. His quotes are precise, reflects the hardship and come from his whole life experience. We are lucky that we are learning from his experience.
    How do you think, we can absorb and practice his teaching and experience in our life? Sometimes some of the things that he did, sound impracticable.

    • Thanks for your comment!

      The biggest lesson I personally take from Buffett, is that slow and steady wins the race.

      He doesn’t look for a quick buck, or a get rich quick scheme.

      He looks for something with great fundamentals, that will give the best result over the long-term.

      Using this method towards an online business, I believe that Wealthy Affiliate has all the criteria that he would be looking for to build a successful business online that will be a success for many years to come!

      Thanks again 🙂

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